EnQuest narrows output forecast after five-week Magnus field outage
EnQuest narrowed its annual output forecast toward the lower end after a five-week Magnus field outage tied to a third-party infrastructure disruption. The North Sea producer swung back to half-year profit.
Britain's EnQuest LSE:ENQ narrowed its annual output forecast towards the lower end on Thursday, blaming a five-week outage at its Magnus field caused by a third-party infrastructure disruption, even as the North Sea-focused oil producer swung back to half-year profit.